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What Was Brexit and What Was Its Impact?
On December 31, 2020, the transition period for the United Kingdom (UK) to withdraw from the European Union (EU), otherwise…
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What Is a Defeasance Clause?
In certain states, it is common for a mortgage loan agreement to include a defeasance clause. This clause states that…
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Today’s Mortgage Rates & Trends, Jan. 24, 2022
Average 30- and 15-year mortgage rates ticked down for a second day, backing off their recent highs. The average rate…
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What Is Compound Interest?
Key Takeaways With compound interest, you earn interest on interestalready earned. At many banks, interest compounds daily, allowing youto grow…
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The Cheapest and Most Expensive Cars To Insure
Make model Type National Average Rate Per Year 1 Maserati Quattroporte S GranSport luxury sedan $4,823 2 Maserati Ghibli S…
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This Stat May Calm Those Stock Correction Jitters
That’s how much the S&P 500 rebounded, on average, the six times the benchmark stock index fell into a so-called…
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Financial Derivatives: Definition, Types, Risks
A derivative is a financial contract that derives its value from an underlying asset. The buyer agrees to purchase the…
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More and More Banks Are Over Overdraft Fees
All of a sudden, overdraft fees seemed to be losing much of their sting. In the last week alone, three…
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How Inflation Affects Your Stock Portfolio
Have you been noticing that things are costing more today? Inflation has been creeping up on the American consumer. In…
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What Is Tenancy at Sufferance?
Different states have different requirements when it comes to defining a tenancy at sufferance but, in general, a tenant at…
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